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Apr 16, 2024 · The contingency definition in a real estate contract is a condition that must be fulfilled for the transaction to move forward. Consider it a safety net, ensuring specific criteria are met before the sale concludes.
May 4, 2024 · The National Association of Realtors recently agreed to settle a big lawsuit that questions how real estate agents are paid — and who foots the bill.. The big picture: If approved, come summer, agents won't be able to make offers of compensation in the Multiple Listing Service, the database where real estate agents post homes for sale.
Apr 20, 2024 · In real estate, procuring cause refers to the series of events initiated by the real estate agent who ultimately helped the buyer close on the home. If the buyer used more than one agent, determining procuring cause – and ultimately which real estate agent gets the commission on the sale – can be difficult.
- Victoria Araj
5 days ago · By listing as CCS, the listing remains active in the MLS which in turn allows agents to continue to show and take backup offers for the listing. In a low-inventory market, having backup offers provides the opportunity for buyers to have options, and sellers to have reassurance. Last Modified: Monday, February 27, 2017.
Apr 26, 2024 · They enforce the laws and rules that regulate real estate brokers, sales agents, real estate inspectors, and timeshare plans, through the investigation of consumer complaints. They also review the fitness of an applicant for licensure. The only way enforcement can initiate an investigation is through a filed complaint, which can be done by anyone.
May 2, 2024 · Bearing that in mind, the best real estate tips need to focus as much on the human aspect of selling real estate as they do on the technical, industry-specific aspects of the work.
Apr 29, 2024 · As its name suggests, this type of agreement gives the agent you choose (and their brokerage — i.e., the company for which they work) the unique, unshared right to obtain a buyer for your home....
